Flowserve Corporation Reports First Quarter 2024 Results and Raises Full-Year 2024 Guidance

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Flowserve Corp. (FLS) PT Raised to $59 at Citi

May 1, 2024 6:19 AM EDT

Citi analyst Andrew Kaplowitz raised the price target on Flowserve Corp. (NYSE: FLS) to $59.00 (from $56.00) while maintaining a Buy rating.

The analyst comments "FLS reported solid bookings (expecting FY24 book-to-bill above 1.0x) and elevated backlog (~$2.6bn), and in our view should provide good... More

Flowserve (FLS) Tops Q1 EPS by 10c, Offers Guidance

April 29, 2024 4:08 PM EDT

Flowserve (NYSE: FLS) reported Q1 EPS of $0.56, $0.10 better than the analyst estimate of $0.46. Revenue for the quarter came in at $1.09 billion versus the consensus estimate of $1.04 billion.

GUIDANCE:

Flowserve sees FY2024 EPS of $2.50-$2.70, versus the consensus of $2.54.

For earnings history and earnings-related data on Flowserve (FLS) click here.

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